Question

QUESTION 5 "An entrepreneur is a person who organizes the factors of production such as information and labour capital and entrepreneurship True/ False QUESTION 6 Innovative entrepreneur bears less risk than the immitative entrepreneur True/ False

QUESTION 7 Immitative entrepreneur bears more risk than the innovative entrepreneur True /False

QUESTION 8 Adaptive entreprener is an entrepreneur who immitate the innovative entrepreneur True/ False

QUESTION 9 Fabian entrepreneur is an entrepreneur who changes as required by the environment True/ False

QUESTION 10 Drone entreprener refuses to change the method of production in his traditional business True /False

QUESTION 11 Intrapreneuer is an employee of an organization but act like an entrepreneur of that organization True/ False QUESTION 12 Technopreneur is a person who is in the business of technology True /False

QUESTION 13 Craves for learning is a trait of a student but not an entrepreneur True /False

QUESTION 14 Sustainable entrepreneur runs the bsiness while protecting the ecosystem True /False

QUESTION 15 Introverted strategy of an entrepreneur deals with the external relationship of the business True /False

Answer 1

Ans 5. True. Entrepreneur is the one who thinks of the idea of the enterprise, research around starting from about the market, target customers, competition, margin, raising of capital and others.

Ans 6. True. An innovative entrepreneur is one who believes in his own idea and he works around it. Innovation is riskier as the future results are completely unknown while an imitative one relies on the success of others as he or she copies the idea from the one which is in existence.

Ans 7. False. Explained in ans 6 above

Ans 8. False. Adaptive entrepreneur is the one who is adjusting as per the environment and who is not rigid. Sometimes people are so much attached to their own idea that no matter how it turned they are not flexible enough to change as per the circumstances.

And 9. False. In fact Fabian entrepreneurs are very rigid as they have skepticism against change and unless they are very much sure that change does not result in any unexpected result they do not change.

And 10. True. Drone entrepreneurs as well are very rigid when it comes to changing the method of production

Ans 11. True. Intrapreneurs are the employees with belief of doing innovative things within the company

And 12. True. They are related to technical enterprises

And 13. False. Continuous learning is the attribute of both student and entrepreneurs

Ans 14. True

Ans 15. False